I've always assumed it's going to take a quarter or two.
Investors/analysts weren't lining up for day 1. This needs updated financials, update on the $200M cash and more interest which comes from points 1 & 2. Analysts need to be on it, funds need to take notice, etc.
For now, it's just low volume selling from mostly retail that's trying to lock in their gains/losses. The O/S has not changed since mid May.
Discouraging for sure, but this is why having multiple tickers at once is helpful. Drowns out the losses as we wait.